LS Power Completes Refinancing of West Deptford Energy Station
New York, NY January 16, 2015 --
LS Power Group announced today that West Deptford Energy Holdings, LLC has completed a refinancing for its 738 megawatt natural gas-fired, combined-cycle electric generating facility recently built in West Deptford Township, New Jersey. The new financing comprises of $510 million in funded senior secured credit facilities, replacing the financing that was initially put in place to fund the construction of the facility.
About LS Power:
Founded in 1990, LS Power is an employee-owned, independent power company with offices in New York, New Jersey, Missouri and California. LS Power is a developer, owner, operator and investor in power generation and electric transmission infrastructure throughout the United States. Since inception, LS Power has developed, constructed, managed or acquired more than 31,000 MW of competitive power generation and 470 miles of transmission infrastructure, for which it has raised over $29 billion in debt and equity financing. For more information, please visit www.LSPower.com.